afforded Iran fiscal breathing room but does not solve
Iran's structural economic problems, including the encouragement of
foreign investment.

GDP: purchasing power parity - $426 billion (2001 est.)

GDP - real growth rate: 5% (2001 est.)

GDP - per capita: purchasing power parity - $6,400 (2001 est.)

GDP - composition by sector: agriculture: 20% industry: 24% services:
56% (2001 est.)

Population below poverty line: 53% (1996 est.)

Household income or consumption by percentage share: lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 13% (2001 est.)

Labor force: 18 million note: shortage of skilled labor (1998)

Labor force - by occupation: agriculture 30%, industry 25%, services 45%
(2001 est.)

Unemployment rate: 14% (1999 est.)

Budget: revenues: $24 billion expenditures: $22 billion, including
capital expenditures of $NA (2001 est.)

Industries: petroleum, petrochemicals, textiles, cement and other
construction materials, food processing (particularly sugar refining
and vegetable oil production), metal fabricating, armaments

Industrial production growth rate: 5.5% (2001 nonoil est.)

Electricity - production: 120.33 billion kWh (2000)

Electricity - production by source: fossil fuel: 94.24% hydro: 5.76%
other: 0% (2000) nuclear: 0%

Electricity - consumption: 111.907 billion kWh (2000)

Electricity - exports: 0 kWh (2000)

Electricity - imports: 0 kWh (2000)

Agriculture - products: wheat, rice, other grains, sugar beets, fruits,
nuts, cotton; dairy products, wool; caviar

Exports: $27.4 billion (f.o.b., 2001 est.)

Exports - commodities: petroleum 85%, carpets, fruits and nuts, iron
and steel, chemicals

Exports - partners: Japan 20.5%, Italy 7%, UAE 5.9%, France 4.7%,
China 4.1% (1999)

Imports: $17.2 billion (f.o.b., 2001 est.)

Imports - commodities: industrial raw materials and intermediate goods,
capital goods, foodstuffs and other consumer goods, technical services,
military supplies

Imports - partners: Germany 11%, Italy 8.3%, China 6.1%, Japan 5.3%,
UAE 5% (1999)

Debt - external: $7.3 billion (2001 est.)

Economic aid - recipient: $116.5 million (1995)

Currency: Iranian rial (IRR)

Currency code: IRR

Exchange rates: from 1997 to 2001, Iran had a multi-exchange-rate system;
one of these rates, the official floating exchange rate, by which most
essential goods were imported, averaged 1,750 rials per US dollar; in